Pattrick Smellie: COMMENT: ANZ still doesn't get it
By Pattrick SmellieAug. 22 (BusinessDesk) - In business, as in life, it sometimes pays to ask whether you want to be right, or be happy.The ANZ Bank appears to have decided it wants to be right.Hence its staggering insistence today that it disagrees with the Financial Markets Aut...
Jetstar losing money on regional NZ services, watching market 'closely'
By Pattrick Smellie Aug. 22 (BusinessDesk) - Budget carrier Jetstar is "loss-making" on its regional services in New Zealand and "market conditions are being monitored closely," parent company Qantas told investors today. Regional flights are defined on the Jetstar NZ websi...
FIRST CUT: Higher fuel costs, soft demand hit Air NZ profit
By Pattrick Smellie Aug. 22 (BusinessDesk) - Air New Zealand saw tax-paid profit fall 31 percent in the year ended June 30 as the impact of sharply higher jet fuel costs, weakening global markets for air travel and the one-off costs associated with the recall of Rolls Royce en...
Nimbys, carparks and the status quo under threat as govt tells big cities: grow up and out
By Pattrick Smellie Aug. 21 (BusinessDesk) - Local councils face a huge shift in how they plan the growth of cities, with the government issuing draft national directives that would require councils to focus on the positive and future impacts of new developments rather than th...
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